On 12 December 2017, online payment solution platform, PayU announced the launch of a new service called PayU Receive. The new product, according to the company, will allow businesses in Nigeria to securely request and receive payments directly from their...

The South African market for eCommerce is experiencing unprecedented progress, but it’s still not large enough for many online businesses. For entrepreneurs looking to take their business to the next level, expanding to new markets has become an...

On Black Friday, 24 November 2017, many of the South African eCommerce companies experienced massive spike in traffic on their various websites. Matching this spike, payment services provider, PayU, facilitated an increase of around 8.5 times the transaction...

PayU Nigeria, a fintech company focused on online payments, announced on Tuesday that the company has introduced PayU Subscription, a convenient payment method which allows merchants to safely and securely collect payments from consumers who have recurring...

PayU, in an effort to further their operations in Nigeria, have announced that they will intensify efforts to connect businesses to Nigeria’s online payment market. The annual online payments in Nigeria is estimated to surpass N200 billion this year from...

SA’s largest online payment gateway, PayU, has entered into two collaborations with the aim of allowing South African eCommerce merchants to finance their business and will also allow shoppers to purchase on credit. The partnerships with Lulalend, a...

Growing internet access and improvements in online security have allowed South African consumers to feel more comfortable with online shopping. Today, around 23% of local shoppers make a purchase at an eCommerce store at least once a month. With a wealth of...

In a turbulent 2016 for the consumer, it’s the online shopper that may have escaped with the least scars, as the online environment has become more flexible and secure. While the estimated R8.9 billion spent annually online in South Africa may not be...

PayU and Computop have announced a partnership that will provide South African retailers with payment solutions for high growth international markets. Retailers are now able to effectively conduct online and mobile business throughout most of the world via...

South Africans are among the most banked on the continent, ranking second place in a Brookings study that included 21 developing economies across Asia, Africa and South America for both digital and financial inclusion. Around 86% of adults have access to...

Amid the current global economic turmoil the largely misunderstood and somewhat maligned cryptocurrency, Bitcoin, has come into the spotlight as a realistic foil for existing payment methods. While the Bitcoin debate rages, fuelled by the emergence of the...

After years of hype the mobile commerce bandwagon may have just rolled into town. And if projections are anything to go by, the days of the traditional wallet might be numbered. The global mobile wallet market is projected to grow at an annual compounded...

PayU, South Africa’s leading online payment solutions provider, doubled its merchant count during 2013. The significant increase is made up of merchants from various industries, with a notable increase in general retail. New merchants signed over the last...

eCommerce is growing in Africa. The eradication of traditional barriers to entry, including internet access, cost of technology and access to mobility, means that ecommerce has become a reality for any sized operation. According to Mark Chirnside, CEO of...

Consumers no longer need a credit card in order to buy online. Major retail sites are increasingly making it easier for consumers to conduct shopping in a digital environment – but it has been a luxury not available to those who only have access to payment...

There is no doubt that online shopping is booming in South Africa. Results of a recent News24 online survey conducted by PayU, a South African online and mobile payment service provider, support findings from a World Wide Worx research report claiming a 30%...